Overview
What is Southwest Florida Community Foundation Inc?
The Southwest Florida Community Foundation Inc, also known as Collaboratory, is a nonprofit organization based in Fort Myers, Florida. Established in 1976, the foundation has a rich history of supporting local causes and nonprofit work. While it continues to process grants through designated, agency, and donor-advised funds, its mission has evolved. With a commitment to tackling the root causes of social issues in Southwest Florida by 2040, the foundation aims to make a deeper impact in the community. The foundation manages various types of funds, with designated and agency funds typically distributed during the first quarter of the year, unless otherwise specified. Donor-advised funds, however, are processed throughout the year, allowing donors to recommend grants to qualified charitable organizations. With a team of 32 employees, the Southwest Florida Community Foundation has granted over $100 million to various initiatives and community leadership efforts. Its mission is to coordinate the solving of major social problems in the region, going beyond traditional grant-making to address the root causes of these issues.
Official website here: www.collaboratory.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 93%, Four-Star out of Four Star Rating
The Southwest Florida Community Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a score of 93% for Accountability & Finance, the organization demonstrates strong governance practices, such as having a fully independent board and no material diversion of assets. The financial metrics are impressive, including a low liabilities-to-assets ratio and a high program expense ratio, showcasing the foundation's commitment to using its resources effectively.
Additionally, the foundation scores exceptionally well in the Culture & Community category, reflecting its strong engagement and feedback practices. The organization has received perfect scores for its feedback collection and usage, indicating that it actively seeks input from stakeholders and utilizes that information to improve its operations. This commitment to community involvement and transparency further enhances its reputation and trustworthiness.
While the organization shows significant strengths in its operations and governance, the data does not highlight any notable limitations or areas for improvement. Overall, the Southwest Florida Community Foundation Inc stands out as a responsible and effective nonprofit, dedicated to serving its community with integrity and efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is Southwest Florida Community Foundation Inc legitimate?
Southwest Florida Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Florida Community Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $753,061
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,618,677
For more financial information, click here
Official website here: www.collaboratory.org
What is the mission statement of Southwest Florida Community Foundation Inc?
The Southwest Florida Community Foundation is on a mission to resolve major social issues in the region by 2040. Established in 1976, the community foundation has a rich history of supporting local causes and non-profit work. However, despite these efforts, many persistent social problems remain. To make a deeper impact, the organization is committed to addressing the root causes of these issues. With over $100 million granted over the years, the Southwest Florida Community Foundation is not only engaged in traditional grant-making but also strives for a more significant change by bringing people together and tackling the upstream issues that contribute to the need for grants.
Official website here: www.collaboratory.org
Who is the CEO of Southwest Florida Community Foundation Inc?
Dawn Belamarich is the President/Ceo of Southwest Florida Community Foundation Inc. The CEO's salary of Southwest Florida Community Foundation Inc is $350,413 and their total compensation is $389,052.
Official website here: www.collaboratory.org
What is the revenue of Southwest Florida Community Foundation Inc?
Southwest Florida Community Foundation Inc's revenue in 2023 was $21,592,217.
Official website here: www.collaboratory.org
Who are the executives of Southwest Florida Community Foundation Inc and what are their salaries?
The average compensation at Southwest Florida Community Foundation Inc during 2023 was $74,117. There are 32 employees and 273 volunteers at Southwest Florida Community Foundation Inc.
Here are 24 key members and their salaries (Southwest Florida Community Foundation Inc's CEO's salary is $350,413 and their total compensation is $389,052):
- Compensation: $350,413
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- Other: $38,639
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- Compensation: $231,750
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- Other: $8,262
- Compensation: $104,657
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- Other: $15,373
- Compensation: $68,164
- Related: $0
- Other: $4,217
Official website here: www.collaboratory.org
Where can I find the form 990 for Southwest Florida Community Foundation Inc?
Southwest Florida Community Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.collaboratory.org
Learn more at the official website: www.collaboratory.org
Mission Statement of Southwest Florida Community Foundation Inc
The Southwest Florida Community Foundation is a forward-thinking community foundation dedicated to addressing and resolving the major social issues in Southwest Florida by the year 2040. Established in 1976, the organization has a rich history of supporting local causes and nonprofits, yet recognizes that many persistent social problems require more comprehensive solutions. The Southwest Florida Community Foundation goes beyond traditional grantmaking by focusing on the root causes of these issues, aiming for long-term, sustainable change.
With over $100 million granted throughout its history, the Southwest Florida Community Foundation is not only a significant contributor to the region but also a leader in community collaboration. By fostering partnerships and bringing people together, the organization is tackling the upstream issues that underpin the need for grants. The Southwest Florida Community Foundation's innovative approach to community problem-solving stems from its belief that a deeper impact can be made by addressing the root causes of social issues.
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Impact
October, 2024
Southwest Florida Community Foundation Inc plays a vital role in addressing and solving the region's social issues, with a bold mission to enact meaningful change by 2040. By coordinating efforts and leveraging over $100 million in grants, the organization seeks to tackle major challenges in the community rather than just alleviating symptoms.
The foundation operates through various funding mechanisms, including designated, agency, and donor-advised funds, ensuring that resources are allocated where they can have the most significant impact. By processing non-competitive grants, it enables a collaborative approach that fosters partnerships among local causes and organizations.
Recognizing that many social problems persist or worsen, the foundation emphasizes a deeper engagement in addressing root causes. This proactive stance has brought community leaders together to create sustainable solutions, promoting long-term social and economic health within Southwest Florida.
With a commitment to fostering community leadership and collective action, the Southwest Florida Community Foundation Inc is not just a financial supporter but a catalyst for systemic change in the region, aiming to build a stronger, more equitable future for all residents.
This information is meant to be a general summary of Southwest Florida Community Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,013,606
- Gross Receipts: $53,432,004
Assets and Liabilities:
- Total Assets: $159,037,731
- Total Liabilities: $14,343,846
- Net Assets: $144,693,885
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Organization Details
Founding Year
1976
Phone
(239) 274-5900Principal Officer
Dawn Belamarich
Main Address
2031 JACKSON ST 100, FORT MYERS, FL, 33901
Website
www.collaboratory.orgNTEE Category
Code: T31Z - Philanthropy
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